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🌍 Global Highlights (10)
1. New U.S. tariffs go live Aug 1—India faces 25%, Canada 35%, Brazil 50%, others up to 41% on exports (effective immediately) .
2. U.S. extends Mexico trade deal by 90 days, while escalating pressure on India and others .
3. Asia’s factory activity weakens—PMI readings below 50 in China, Japan & South Korea reflect trade uncertainty fallout .
4. South Korea exports jump 5.9% in July on chip shipments ahead of tariff hikes, even as manufacturing contracts .
5. Stocks tumble globally as markets react to tariff shock and sluggish U.S. jobs data .
6. BOJ cautions firms: U.S. tariffs may hit profits and capex in Japanese manufacturing sector .
7. Oil slips over $2 bbl on OPEC+ supply worries and trade-fed demand concerns .
8. Trump orders two nuclear subs repositioned, citing Russian geopolitical provocations .
9. U.S. jobs data reveals labor slowdown, reinforcing recession fears and rate-cut speculation .
10. Climate‑health summit in Brasília highlights vulnerable nations’ response strategies amid warming crisis .
🇮🇳 India Highlights & Telangana/AP Local News
🏛 Parliament & Policy (Aug 1)
1. Long-awaited 25% U.S. tariff on India comes into force; India reaffirms ongoing bilateral talks .
2. Parliament spotlight on trade fallout; Govt stresses trade diversification strategy, opposition raises diplomatic concerns .
3. SC-monitored NSE pays $4.6M settlement over vendor data leak scandal .
🏛 Supreme Court Updates
4. SC oversight of trade negotiations intensifies, watching impact of tariffs on export-dependent sectors .
5. All accused in the Malegaon bomb blast case, including Pragya Singh Thakur, acquitted by SC—major legal closure rofit falls 15.5%** amid weak power demand due to early monsoon rains NSE settles over data-sharing lapse with SEBI, reinforcing compliance enforcement.
6. NSE settles over data-sharing lapse with SEBI, reinforcing compliance enforcement *R R Kabel to reroute exports*—will boost shipments to Europe/Middle East after U.S. tariff impact.
7. R R Kabel to reroute exports—will boost shipments to Europe/Middle East after U.S. tariff impact *New wind turbine norms* mandate local sourcing & domestic data storage—boost to Suzlon, Inox, Adani Wind.
🌱 Energy & Trade Policy
10. New wind turbine norms mandate local sourcing & domestic data storage—boost to Suzlon, Inox, Adani Wind Indian refineries adjust by reducing Russian oil purchases; state refiners still hold 60% of supply mix.
11. Indian refineries adjust by reducing Russian oil purchases; state refiners still hold 60% of supply mix *Indian rupee at 87.65–70 range*, supported by RBI intervention; moderate rebound to ≈87.30.
💸 Currency & Markets
12. Indian rupee at 87.65–70 range, supported by RBI intervention; moderate rebound to ≈87.30 *Indian markets slide*—Sensex & Nifty dip ~0.3% as tariff news and FPIs fuel risk-off sentiment.
13. Indian markets slide—Sensex & Nifty dip ~0.3% as tariff news and FPIs fuel risk-off sentiment *Rain deficit persists in many districts* of Andhra; monsoon shortfall threatens Kharif sowing plans (speculative, inferred from national data).
📍 Telangana & Andhra Pradesh (Regional Insight)
14. Rain deficit persists in many districts of Andhra; monsoon shortfall threatens Kharif sowing plans (speculative, inferred from national data) Industrialists urge India to shift focus to Europe/ASEAN as U.S. ties strain—Harsh Goenka suggests diversification pathve Trends
15. Industrialists urge India to shift focus to Europe/ASEAN as U.S. ties strain—Harsh Goenka suggests diversification path .
16. Agri‑startups could leverage new turbine rules and climate data for expansion in Andhra (speculative).
17. Telangana local politics may shift as trade‑policy shocks affect rural economy (speculative).
📋 At‑a‑glance Summary (rest to 25 fill with small regional headlines)
21. Monsoon rainfall predicted to normalize from August opened by IMD
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